SOL/USDT – 30M – BUY

The currency pair Solana/Tether (SOL/USDT) breaks through the bullish trendline up.

A continuation of the uptrend upwards to the next resistance at 71.73 is considered certain.

Caution: A possible counter-trend in the direction of the support level at 70.8 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.

In addition a ‘StochRSI %K line crosses above %D line’ indicator signal is existing. The indicator is ‘StochRSI %K line crosses above %D line’. which is often a bullish signal. The currency pair is likely to rise.

In addition a ‘Three Outside Up’ candle chart pattern is detected. The candles form ‘Three Outside Up’. which is a bullish chart scenario. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Outside Up’ going up is 75% (Bull Market) & 74% (Bear Market).

71.73 – 69.59 – 68.71 – 70.8 – 66.94 – 67.88 —
72.820000000 – 73.980000000 —
78.334613985112 – 78.453101997115 —
– —
71.73 – 1781481600

Trading Signals: CRYPTO – SOL – SOL/USDT – USDT – Three Outside Up – – –